| The Belt and Road Forum for International Cooperation, inaugurated by Chinese President Xi Jinping in Beijing on Tuesday under the theme of “High-quality Belt and Road Cooperation: Together for Common Development and Prosperity,” marks the BRI’s 10th anniversary. This forum, attended by representatives from 130 countries and 30 international organizations, is a crucial platform for global diplomacy.
President Xi Jinping’s presence and keynote speech underscore the forum’s significance. Notably, Pakistan’s Caretaker Prime Minister Anwaarul Haq Kakar’s participation demonstrates the strong relations between China and Pakistan. Kakar’s visit is an affirmation of commitment to the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC). During the visit, multiple agreements are expected to be signed between China and Pakistan.
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The BRI has completed over 3,000 projects in the last decade, gaining support from over 180 countries and international organizations. This international effort reflects the project’s ambition to promote economic development, industrial transformation, green energy, human capital development, and multiculturalism.
Despite geopolitical challenges from the US, EU, and India, the BRI remains strong, and alternative projects like Build Back Better World (BBBW) and Global Gateway (GGW) have yet to materialize. The recent Israel-Hamas war adds further complexity to the region’s dynamics.
The CPEC’s achievements and upcoming goals will be highlighted during the forum. The BRI’s principles of extensive consultation, joint contribution, and shared benefits will be emphasized, underlining the tangible benefits of the CPEC, including substantial investments, job creation, and infrastructure development.
During the forum, Pakistan and China are expected to sign over two dozen agreements, covering areas such as Urban Sustainable Development, Belt and Road Cooperation, Mineral Development, Industrial Cooperation, Gwadar Port Development, Green and Low-carbon Development, and Digital Economy Cooperation. Projects like Main Railway Line-1, Karachi Circular Railway (KCR), Babusar tunnel, and Karachi-Hyderabad Motorway (M-9) will be discussed.
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At a time when geopolitics threatens global unity, the BRI stands as a beacon of international cooperation. Over the past decade, it has facilitated economic growth and global partnerships. China’s dedication to openness, inclusiveness, and equal partnerships has resulted in collaboration with over 150 countries and 30 international organizations.
The Belt and Road Forum for International Cooperation will serve as a critical platform for countries and regions participating in the BRI to plan high-quality Belt and Road cooperation. Amidst a complex global geo-economic situation, the forum’s global significance is expected to attract attention from around the world.
In conclusion, the upcoming Belt and Road Forum marks a significant milestone in the development of the Belt and Road Initiative. It underscores the commitment of China and its partner nations to advancing global cooperation and sustainable development. The participation of leaders like Pakistan’s |
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